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20121205
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when he talks to julia boorstin and live coverage of the president with remarks on the fiscal cliff before the business roundtable. can he convince corporate leaders he has the right solution for avoiding the fiscal cliff. one more look at futures this morning on a wednesday. look like open 28. "squawk on the street" is back in a minute. >> there's a look at citi. the news on the bank this morning cutting 11,000 jobs. still working on a percentage of what that is on the overall workforce. they think it will be a pretax charge of about a billion dollars. savings of 900 million in 2013. rising to about 1.1 billion in 2014. we'll keep an eye on that name. >> very big. >> yeah. shares of pandora taking a hit in premarket trade. online music service beat expectations with third quarter results. ceo joe kennedy says pandora's advertisers are displaying caution about spending because of the fiscal cliff. he'll be on "squawk on the street" at 11:40 eastern time. and netflix paying for exclusive rights to stream disney movies. a lot of happenings moving stocks in a big way. with pandora, ana
, the november jobs number. the sandy effect. job creation. the fiscal cliff. we'll talk it all with top white house economic adviser dr. alan krueger. shares of whirlpool have more than double d this year. an exclusive with the ceo is coming up and opening bell on a friday morning is coming up next. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but the
assume is the capital gain before the end of the year. >> the fiscal cliff. >> your comments on dupont and joy global, i see pretty cautious commentary from du post. if my numbers are right, 2% global growth is what dupont is talking about next year. 1.5% growth in north america, 4% in asia pacific. i do agree chain a's definitely a bright spot. that's certainly pretty good. dupont really big company, they operate across chemical business, they operate in electronics, agriculture. remember, housing, they owned the tybeck insulation business, that's been a monster business for them overall. i think china is the bright spot. if you look carefully, they're talking about 8% to 12% decline in revenues in 2013. even though they said we're projecting pretty much the same in 2013, as 2012, the ceo said there are signs of improvement in china. yet their numbers overall this year weren't that good. still, i'd say pretty cautious, hopefully china starting to emerge. again, fourth quarter may be the bottom here for china. guys, back to you. >> totally agree. joy would not be having this move i
with the sunday talk shows, focusing on the fiscal cliff. it looks like we're looking at a lower open for the dow. as for the action in europe, really, the action focuses on italy where there's an impending political regime change. more on that in just a moment. the road map starts at the golden arches. mcdonald's blowing out expectations for november sales after the dismal drop in the month of october. hoping to fuel the rise, the bacon/onion/cheddar sandwich. >> there's one thing for certain, taxes on top earners are going up. >> turmoil in italy. berlusconi throws his hat in the ring. retail sales numbers out of china, hoping the economy is in fact on an upswing. >> apple, enthusiasm. jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the pre-market. we'll start with mcdonald's, posting better than expected november same-store sales, global comps up 2.4. u.s. same-store sales up 2.5, offered by breakfast offerings, including that cheddar/bacon/onion sandwich, as melissa mentioned. jim? people are saying the u.s. maybe is making a turn here. >> i find mcdonald
said, we have a deal, a fiscal cliff deal, and bob pisani was delivering a talk on the floor. a deal would signal the start of american austerity. what's your take? >> no, we get a deal going, look out above. i think there's lots of ceos i talked to who want so much. they want to bring money back here higher. this is the cheapest place to build and hire people in the world. but they're just not sure exactly how much they're going to have to spend because of the government. that's the impediment. these guys want to built here, insource, energy costs really low. it can happen. it's huge. >> with that in mind, if we close at these levels, at least in the green, that's five days up, guys. we've not done that since march, which is a -- that's a long time ago. >> i like having becky on "squawk on the street." >> i like sitting next to jim. thanks, guys, it's been great. thanks, jim. thanks, guys. >> see you soon. stimulus watch as the fed kicks off a two-day policy meeting. wait until you hear what investors are saying in our latest fed survey. that's next. >> should you keep betting on a
, alan blinder will join us to talk about the fiscal cliff and qe-4. not many hotels are being built in the country today. choice is breaking ground on three new hotels. they're also the originator of the obama special dividend. >> let's get six at 60, six stocks in 60 seconds. let's start with lions gate in gold man. >> i'm going for hunger games. gold man doesn't seem to care. >> this is a very hot stock. >>> it's a limb late. >> oppenheimer, buying a hold on auto zone. >> i thought it was a really good buy back. one of the hottest stocks for a long time. the big data, i would be careful. >> u.s. wine guard to sell. >> good yield, bricks and mortar, fine. here's a company that's going to be on tonight. i thought this call was really bad to say sell, i liked the quarter. but everybody's worried about retail and fiscal cliff, carl and fiscal cliff was mentioned in the release. it's become something carl that we are expecting in every release that we see. >> we do have a couple of seconds to point out that last night in cable fax awards, two nights ago, you were named to the hall of f
Search Results 0 to 5 of about 6